McKesson HR are some of the most egotistical, power hungry, uneducated, unethical, unprofessional people I've ever worked with. In my capacity as a manager, I've seen so many terrific employees walked out the door. The HR staff I've had the pleasure... — read more
Quality Assurance Management?????
The whole software QA process was a joke after SG was let go. The QA managers left at this point are a waste of space and one of them comes and goes as she pleases, yet somehow survives every RIF. And they are not willing to fight for fixing the bugs... — read more
So hard to care anymore, which is a shame.
Just doing enough to get by at this point, can't trust anything from management anymore and our software really does s---.
EIS will either be sold to a s---er or disbanded to India.
I was part of last Wednesday's RIF in EIS. Happy to go. Was hoping to be part of it. Have been disgusted with McK since Pesce won power struggle for Paragon. Was hoping to make it two more years to 65 but this is good. Feel bad for those who are... — read more
Celesio
No one even mentions Celesio...what they thought would make them 'global' and a world player. They spent (spend) billions to buy and sustain an international company, just to make their revenues higher so they can creep up on Fortune 500 (egomaniacal... — read more
Consider this...
EIS could not even be added for free in its current state, it could not be included in a bundled deal. McK and it's poor handling of the situation are to blame for that, I give you that as the products had promise and smart individual contributors. I... — read more
Retention Bonuses Yay!!!
Evidently those NOT laid off got sizeable retention if they are required experts for the AMB product.
Whos super excited to ICARE tomorrow?
I know I am!
"Skin in the Game"
I have to admit that I never read "Skin in the Game", but kept it prominently displayed in office.....then my cube....but I was naïve and INTENDED to get around to reading it. Little did I know that the "Skin" that was being referred to was MY skin... — read more
A Story About How McKesson Became the World's SWEETEST, hmmm, PET!
Psssst...CVS Health has McKesson under Its thumb. It was not that long ago MCK released its annual report for FY16. The report icnluded one big surprise: McKesson’s sales to CVS Health, its largest customer, grew to $38.7 billion—up by an astonishing... — read more
Was MCK earnings miss a reflection of industry-wide headwinds as claimed by JH_CEO & JB_CFO?
Well let's see what comes out of the earnings releases and subsequent earnings calls by Cardinal Health on Oct 31, 2016 at 9:30AM EDT and by AmerisourceBergen on Nov 2, 2016 at 9:30AM EDT. Please pay particular attention to Cardinal Health's earnings... — read more
Friday Discussion - OPEN
This is a thread for discussions on any topic - Please keep it clean as they are blocking IPs if bad language, bullying or personal names are used.
It has to get worse, before it get's better. My previous post @Jo8bT1Z
As I mentioned earlier this stock, now has a resistance of $120 exactly 1/2 from the high of $240. I would not be surprised if it breaks that resistance as well. Nothing to hold against!!!
Does severance end when I get another job?
Once severance payouts start, will they end if I get a new job?
HISTALK2 has picked up the layoff fiasco with a link to this site
HISTALK2.com just posted about the earnings, the layoff and the email fiasco complete with a link to the email thread on this site. PARAGON clients listen up.....
lab and diagnostic imaging
Paragon laboratory and ancillaries product manager and business analyst were let go. With that, McKesson is now officially out of the lab and diagnostic imaging business.
On the bright side
We get to have pizza next week with the exec who made the decision to replace American citizen employees with labour from India. This Jim is much, much worse than the last one.
Nice going guys!
Stock just dropped 20. You officially reached an all time low this year...financially, operationally and morally. Congratulations! I hope you're proud of yourselves.
West Coast Layoff Imminent in FY 2017
I have heard from reliable sources that West Coast layoffs (i.e., 1 Post) are supposed to occur sometime in early 2017. On the happy note, the holidays are just around the corner. Most HR departments don't like to lay people off during the holiday... — read more
Strategic thinking
The writing is on the wall but there is no need to make it easy on them. A good place to start would be to STOP handing over your hard earned (blood sweat and tears) business and teknical knowledge to your offshore team members. They are here solely... — read more
Offshoring looks so good on paper
Offshoring looks so good on paper: Apparently Nimmy the Cackling Hyena is only interested in retaining his off-shore labor force. It looks good on paper. Of course, these people have no clue how to write code, but that doesn't matter anymore. May... — read more
https://twitter.com/TheLayoff/status/791375513013059584
https://twitter.com/TheLayoff/status/791375513013059584
Alpharetta, GA Layoffs
Post any updates, stats or rumors on Alpharetta, GA layoffs here
Wheeling, Illinois Layoffs
Does anyone know if Wheeling, Illinois was affected?
River Planning Meeting in Charlotte
I can't believe the River Planning Meeting in Charlotte is still happening this week. It is the biggest waste of time and money. I hope this is the last one.
McKesson has done a very bad job with layoffs
Historically, McKesson has done a very bad job at RIF or layoffs. Dropping key players and BU's. Sloppy job. I learned in March, just how vindictive and irresponsible this company is. Yes, I'm still here but very aware... Basically, if you are paying... — read more
IWS
IWS has been on this path for years, with the same core management promoting themselves over and over again, shuffling their roles around but still making the same poor ill thought out decisions, designed to fulfill the goals they set for themselves... — read more
The Mood at McKesson Today
I've talked to a few folks. Here's the general impression I'm getting (but I haven't talked to everyone, obviously). Those laid-off: "I'm sort of relieved." Those not laid-off: "Sort of wish it had been me..."
Layoffs at EIS: ATL, Colorado, Charlotte
Cuts are happening at EIS... ATL, Colorado, Charlotte Some have a short run-out period (2 weeks, but essentially not working after today); some have until March 2017 .
Laid Off Today
I was laid off on one of the calls today. I'm a Charlotte employee... 2 weeks to find something different, but I think I heard the layoff is effective IMMEDIATELY... It was a lot of information.
Where are the layoffs occurring?
Where are the layoffs occurring?
I mentioned this coming Oct 26th. That was so accurate!!!
Here is my link to the previous post. https://www.thelayoff.com/t/Jo8bT1Z What now:? Big boys bought options for Friday morning
It's happening right now (5 month notices and immediate layoffs)
Some people were invited to a call (calls?) that's going on right now. Apparently some have received a 5 month notice and others have been cut immediately. I think if you're not on the call, you're okay? I didn't get invited to anything, just hearing... — read more
Clearly insider trading going on
Clearly some insider trading going on overnight with MCK stock. Makes me so angry. All of this.
To Our Great Global Workforce! (Reprise)
To Our Great Global Workforce! To: All Employees From: Human Resources RE: Layoffs As a result of the reduction of money for department areas, we are forced to cut down on our number of personnel. Under this plan, older employees will be asked to go... — read more